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Cisco launches $10m global cybersecurity scholarship programme

Networking giant bolsters efforts to prepare Industry for cyber-security skills gap with a new scholarship programme

Cisco today announced that it is introducing a $10m global cybersecurity scholarship programme, as well as enhancements to its security certification portfolio, in order address the looming global shortage of cybersecurity professionals in the industry. 

The firm estimates that by 2019, there will be two million cybersecurity jobs available around the world and not enough talent to fill them. To address the shortfall of security talent, Cisco says that it is investing $10m in a two-year cybersecurity scholarship programme.

The San Francisco-based company will offer training, mentoring and certification that align with its Security Operations Centre Analyst industry job role. The programme will be delivered in partnership with key Cisco Authorised Learning Partners, starting in August 2016. 

The firm said that it is also introducing a new Cyber Ops Certification to its portfolio of security certifications and revising its CCIE Security Certification.

“Cybersecurity is essential to digital success,” said Jeanne Beliveau-Dunn, vice president and general manager, Cisco Services. “Many CEOs across the globe tell us their ability to innovate is hampered by their security concerns in the digital world. This creates a big future demand for skill sets that don’t exist at scale today.

“We developed this scholarship program to help jump-start the development of new talent. This includes the opportunity to help diversify the IT security industry by reaching people around the world including veterans, women and those early in their careers, to inspire them to enter the cybersecurity profession. This is just a start to help us educate, train and reskill the job force to become the security IT professionals needed to help address this vast talent shortage.”

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